Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

RUTTER INC RUTFF



GREY:RUTFF - Post by User

<< Previous
Bullboard Posts
Next >>
Post by MadClownon Apr 12, 2011 6:46pm
397 Views
Post# 18421711

Another Million Dollar contract?

Another Million Dollar contract?This one wasnt even posted?

Rutter Secures Million Dollar Order for Oil Spill Response Radar
3/24/2011
4:01 PM - Canada NewsWire

ST. JOHN'S, NL, Canada, Mar 24, 2011 (Canada NewsWire via COMTEX News Network) --

Rutter Inc. (TSX: RUT), today is announcing an order for its Oil Spill Response Radar (OSSR) with a total value of just under $USD 1,000,000. This most recent purchase, expected to be delivered in spring 2011, builds upon the momentum of global interest in the Sigma S6 system.

President and CEO, Fraser Edison, says "The Oil Spill Response Radar system continues to receive strong interest from all sectors of the offshore industry and is being deployed on vessels operating around the world. The Sigma S6 radar technology is the primary component in the Oil Spill Response Radar, Ice Navigation and Small Target Detection systems produced by Rutter."

Most recently Rutter's OSSR was proven effective in detecting oil slicks during the clean-up of the oil spill from an Icelandic container ship along Norway's southeast coast. Rutter's technology was used by the Norwegian Coastal Administration following the oil spill into ice encompassed waters of the North Sea on February 17, 2011. "The Rutter Sigma S6 has been used and proven its capabilities during the oil spill in South-eastern Norway. It is still in use, and has made it possible to recover oil from the surface in low-light and during night conditions." - Norwegian Coastal Administration.

The Sigma S6 radar technology provides operators with real-time information about an oil slick in order to maximize recovery efforts. It is one of only two systems in the world to receive certification from the Norwegian Clean Seas Association (NOFO).

About Rutter Inc. - Rutter is an enterprise focused on providing innovative technologies and engineering solutions. Rutter's global network supplies technologies to improve efficiency and safety in the marine, defense, transportation, oil and gas sectors from its headquarters in the Province of Newfoundland and Labrador. For more information go to: https://www.rutter.ca

<< Previous
Bullboard Posts
Next >>